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Possible deluge of used vehicles ahead however influence uncertain

as declared in SingaporeUBER can release as many as “3,000 to 4,000 vehicles” into the used market, causing some dealers & authorised distributors to panic about the influence to resale values.
Recent talk in the second-hand vehicle market is which the ride-hailing heavyweight is selling off portion of its

Possible deluge of used cars ahead but impact uncertain

according to Amid the hight water & dramatic rescues of Hurricane Harvey, as many as 500,000 cars were flooded.
Carfax, that tracks the titles of individual vehicles, reports that final year 271,000 previously flooded cars were put back into service.
Finally, run a full check of a vehicle’s title.
If suspect flood or accident damage shows up on a car’s title, skip it.
You could find plenty of other used cars without that sort of troubled history.

Illinois secretary of state warns of flood-damaged used cars coming from Texas

according to (AP Photo/Charlie Riedel)SPRINGFIELD – Illinois Secretary of State Jesse White is caution possibility used vehicle buyers to be wary of cars by hidden flood damage from Hurricane Harvey.
White has instructed his office to closely screen title applications involving possibility flood cars in an effort to prevent Illinois consumers, according to a break news release from the Office of the Secretary of State.
“We are taking every step possible to ensure which flood-damaged cars from Hurricane Harvey don’t receive clean titles in Illinois,” White said in a statement.
The applicants for those titles going to must submit a Hurricane Disclosure Statement to obtain a clean Illinois title.
Any applicant unable or unwilling to supply the signed form going to receive an Illinois flood title only.

collected by :Haily Jackson

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